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Credits and deductions
Although you may not have to pay taxes on it, you still have to declare your foreign property over $100,000 on your Canadian tax return.
But because it is the USA, we do have a tax treaty, therefore prevents us from being double taxed.
The link below will assist you in entering in your foreign income sources in TurboTax:
How do I enter foreign income that is subject to a tax treaty?
https://turbotax.community.intuit.ca/replies/264775
And if for whatever reason you needed to report "other" types of foreign investments/pensions/income sources.
How do I report foreign income, pension, and other foreign amounts? https://turbotax.community.intuit.ca/replies/2647976
‎October 30, 2019
1:18 PM